Marketplace Morning Report®

Marketplace Morning Report for Wednesday, September 12, 2012

The House of Representatives could vote as soon as tomorrow on legislation to fund the government for the next six months and avoid a shutdown. That temporary funding would keep the government going. But would mean some uncertainty for federal agencies. In Germany, a top court has rejected calls to block Europe's new rescue fund, ruling that the fund is legal under German law. And the iPhone 5 is expected to be unveiled at a press conference later today. Today, Apple's iPhone is a major object of desire -- but it wasn't always that way.

From this Episode

The House of Representatives could vote as soon as tomorrow on legislation to fund the government for the next six months and avoid a shutdown. That temporary funding would keep the government going. But would mean some uncertainty for federal agencies. In Germany, a top court has rejected calls to block Europe's new rescue fund, ruling that the fund is legal under German law. And the iPhone 5 is expected to be unveiled at a press conference later today. Today, Apple's iPhone is a major object of desire -- but it wasn't always that way.

The U.S. ambassador to Libya and three other diplomats have been killed in protests in Benghazi. Religious extremists stormed the U.S. consulate there. A controversial anti-Islamic video, posted on YouTube, was the catalyst for the attack. That has put YouTube and it's owner Google in an uncomfortable position.